IMB car loans

Find out about the competitive loan options from IMB that can help you get on the road.

Not enough reviews Write a review
Elizabeth Barry's headshot

By

Elizabeth Barry

Updated

Fact checked
IMB

Start comparing

If you're in the market for a new or used car you might want to consider what's available from IMB. Generous loan amounts of up to $125,000 are on offer if you're looking to purchase a new car. Competitive rates are also on offer for vehicles up to six years of age.

Find out more about IMB and the flexible loans it has on offer in the page below, and compare and apply for the right secured loan for your car-buying needs.

Compare your IMB car loan options

{"visibility":"visibilityTable","ctaLabel":"Calculate","tableCode":"AUFCL_COMPARISON_V2_TABLE","nicheCode":"AUFCL","fields":[{"name":"LOAN_AMOUNT","value":"20000","options":"","label":"Loan amount","suffix":"$","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""},{"name":"PERIOD","value":"3","options":"","label":"Loan term","suffix":"years","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""}]}
1 - 3 of 3
Updated regularly
Name Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
IMB New Car Loan
IMB logo
Fixed1 - 7 Years $2,000 - $125,000
Interest Rate (p.a.)
6.24%
Comp. Rate (p.a.)
6.59%
Application Fee
$274.78
Monthly Fee
$0
Monthly Repayment
$619.01
Go to siteMore Info
You'll receive a fixed rate of 6.24% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.
IMB Secured Personal Loan
IMB logo
Fixed1 - 7 Years $2,000 - $75,000
Interest Rate (p.a.)
6.84%
Comp. Rate (p.a.)
7.19%
Application Fee
$274.78
Monthly Fee
$0
Monthly Repayment
$624.54
More Info
You'll receive a fixed rate of 6.84% p.a.
Benefit from this competitive rate by securing the loan with a vehicle up to 6 years old. Use this flexible loan for any purpose.
IMB Unsecured Personal Loan
IMB logo
Fixed1 - 7 Years $2,000 - $50,000
Interest Rate (p.a.)
8.98%
Comp. Rate (p.a.)
9.34%
Application Fee
$250
Monthly Fee
$0
Monthly Repayment
$643.76
More Info
You'll receive a fixed rate of 8.98% p.a.
A low minimum borrowing amount of $2,000 to use for any purpose. No monthly fees and repay your loan early without penalty.
loading
Showing 3 of 3 results
  • New Car Loan. If you're purchasing a new car or one that is less than two years old you can secure a rate of 6.24% p.a. with the IMB New Car Loan. You can apply for a loan amount between $2,000 and $125,000 and repay it over a term of 7 years.
  • Secured Personal Loan. This loan needs to be secured with a new or used vehicle up to six years of age, but can be used for any purchase (this includes the purchase of that vehicle). You can borrow between $2,000 and $75,000 for terms that can extend up to 7 years. A competitive rate of 6.84% p.a. applies to this loan.
  • Unsecured Personal Loan. If you're looking to purchase a used car that's over six years old you can consider the IMB Unsecured Personal Car Loan, which comes with a rate of 8.98% p.a. You can borrow up to $50,000 with this loan have between 1 year and 7 years to repay it. You're also able to make additional repayment to pay off your loan sooner.

Is your car eligible to be used as security?

As IMB offers two secured car loans, different criteria is in place for each:

  • New Car Loan: The car needs to be new or up to two years old and between $2,000 and $125,000.
  • Secured Personal Loan: The car can be new or used vehicle up to six years of age.

How you can apply for a loan with IMB

The first step is deciding which loan is right for you to finance your vehicle purchase. Once you've done this, you can click "Go to Site" to get the application process started. You'll need to meet the eligibility criteria outlined below to be eligible to apply:

  • Be over the age of 18
  • Have a good credit history
  • Earn a monthly income

You'll need the following information on hand to complete the application:

  • Personal information including your name, contact details and a form of ID
  • Financial details such as your income, assets and expenses
  • Your employment information

The application should take approximately 15 minutes to complete.

The loan options IMB has available are competitive offerings, but as they are not the only ones in the market, it's important to compare your car loan options before you decide which one is best for you.

Elizabeth Barry's headshot
Lead Editor

Elizabeth Barry was the lead editor for Finder. She has over 10 years' experience writing about a range of topics with a focus on personal finance. You’ll find her writing and commentary in a range of publications and media including Seven News, the ABC, MSN, the Irish Times and Singapore Business Review. See full bio

Elizabeth's expertise
Elizabeth has written 211 Finder guides across topics including:
  • Banking
  • Personal finance
  • Investing
More resources on Finder

More guides on Finder

  • Australian Mutual Bank Car Loan

    Borrow up to 100% of the purchase price up to $100k and access a free redraw feature for any extra repayments you make.
  • Car loans for classic cars

    Want to buy a classic car but don't have the ready money? There are still financing options available for classic vehicles. Find out what loans you have to choose one and which one will work best for you.

  • Rent an Uber car in the Gold Coast

    There's a way you can drive with Uber without using your own car – find out how.

  • Rent a car for Uber in Canberra

    Find out how you could rent a car to drive with Uber in Canberra
  • Tesla Superchargers Map: Where you can charge in Australia

    Find out the extent of Australia's Tesla Supercharger network with our complete map of every charging station.
  • Should I refinance or pay my novated lease balloon payment?

    If you've come to the end of your novated lease and you are left with a balloon payment, you might be wondering whether to refinance that into a personal loan or take on another novated lease.

  • Compare boat loans

    If you've been wanting a boat but didn't know where to start, read up a range of boat loans you can apply for. Secured and unsecured options are available and you could have the funds the next business day.

  • Best car loans – 4 expert picks

    The best car loan isn't necessarily the one with the lowest rate. Learn how to spot the best car loans and compare 15+ car loan products with Finder.
  • Used car loans comparison

    You can still get a car loan if you want to finance a used car. Find out how you can get a used car loan and see what rates are available for the used car you want. Learn how to best compare lenders and apply for your loan today.

  • Compare pre-approved car loan options

    Finding the right car loan shouldn't be as hard as finding the right car. Get a loan that will give you pre-approval so you can go shopping with the right amount of funds.

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site